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The Green Factor of Economic Growth in Russia and the World

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  • B. N. Porfiryev

    (Russian Academy of Sciences)

Abstract

The article discusses the role of environmental and climate factors in the modernization of the global and Russian economies in the context of the challenges presented by the new industrial revolution. It is emphasized that a restraining effect of these factors on economic growth is primarily caused by qualitative characteristics of technologies used for resource utilization and the adaptation of population and facilities to global climate changes. The article considers a growing urgency of eco-innovations, as well as “green” technologies overall, as a factor affecting the economic growth and modernization of the economy; the unevenness of the development of these technologies in the countries of the world; and strategic risks of Russia’s lagging behind the leading world economies in this area. A special emphasis is placed upon (i) a substantiation of the significance of the mineral, raw material and fuel and energy complexes, as well as the forest-industryl and agro-industrial complex, as priority sectors for the development eco-innovations and green technologies in Russia and (ii) arguing that in Russian conditions a long-term development policy is in essence a strategy for green economic growth.

Suggested Citation

  • B. N. Porfiryev, 2018. "The Green Factor of Economic Growth in Russia and the World," Studies on Russian Economic Development, Springer, vol. 29(5), pages 455-461, September.
    • Handle: RePEc:spr:sorede:v:29:y:2018:i:5:d:10.1134_s1075700718050143
    DOI: 10.1134/S1075700718050143
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    References listed on IDEAS

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    1. Glenn-Marie Lange & Quentin Wodon & Kevin Carey, 2018. "The Changing Wealth of Nations 2018," World Bank Publications - Books, The World Bank Group, number 29001, December.
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    Cited by:

    1. A. G. Aganbegyan & A. N. Klepach & B. N. Porfiryev & M. N. Uzyakov & A. A. Shirov, 2020. "Post-Pandemic Recovery: The Russian Economy and the Transition to Sustainable Social and Economic Development," Studies on Russian Economic Development, Springer, vol. 31(6), pages 599-605, November.
    2. Isabella Tamine Parra Miranda & Juliana Moletta & Bruno Pedroso & Luiz Alberto Pilatti & Claudia Tania Picinin, 2021. "A Review on Green Technology Practices at BRICS Countries: Brazil, Russia, India, China, and South Africa," SAGE Open, , vol. 11(2), pages 21582440211, May.
    3. V. N. Borisov & O. V. Pochukaeva, 2019. "Investment Activity and Investment Efficiency in the Mechanical Engineering Industry," Studies on Russian Economic Development, Springer, vol. 30(5), pages 547-556, September.
    4. Denis A. Lavrov & Svetlana V. Karpova & Vladimir I. Avdiyskiy & Svetlana E. Dubova & Svetlana V. Makar & Natalia A. Barmenkova & Nataliya A. Kazakova & Nikolay P. Kushchev, 2021. "Green Electricity and Heat Generation in Canada: Implications for Russia," International Journal of Energy Economics and Policy, Econjournals, vol. 11(3), pages 280-289.
    5. B. N. Porfiryev & A. A. Shirov & M. N. Uzyakov & M. S. Gusev & I. N. Shokin, 2020. "The Main Directions of Socio-Economic Development of Russia in 2020–2024 and for the Period up to 2035," Studies on Russian Economic Development, Springer, vol. 31(3), pages 245-253, May.
    6. V. M. Gil’mundinov & T. O. Tagaeva & A. I. Boksler, 2020. "Analysis and Forecasting of Waste Management Processes in Russia," Studies on Russian Economic Development, Springer, vol. 31(1), pages 92-98, January.
    7. D. B. Kuvalin & Yu. V. Zinchenko, 2019. "Russian Enterprises in Spring 2019: Picking Up From Multiyear Economic Stagnation," Studies on Russian Economic Development, Springer, vol. 30(6), pages 702-713, November.
    8. V. N. Borisov & O. V. Pochukaeva & K. G. Pochukaev, 2020. "Domestic Investment Equipment in the World Market: Dynamics and Structural Changes," Studies on Russian Economic Development, Springer, vol. 31(5), pages 463-470, September.
    9. Maira Bauer & Mariya Bulatenko & Natalia Shimshirt, 2022. "RETRACTED ARTICLE:Development of corporate investment funds as a tool to achieve the goals of international treaties in the field of climate change," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 22(1), pages 119-138, March.

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